Rules are very simple. On the playing field before each roll you can choose the probability of your victory. Usually this number can vary from 1% to 99%. The greater you set the probability of a successful roll the lower a rate of your bet. And Vice versa: the less the chances of winning you set, the bigger a win you will get. Don’t forget that if you lose you always lose the full amount of a bet.
Let’s look at a concrete example and consider two extremes. Suppose that we want to do the roll on 100 mBTC:
- At the begin choosing a probability of success of 98%. Our balance will increase by just 1 mBTC if we win. A chance to win is a huge but gain on the balance will be minimal.
- But if we make the choice the probability of winning of 1%, and we’re very, very lucky, we will immediately get 10 bitcoins on our account. The amount is incredible, and the chance to win is only 1 out of 100.
Almost all the Bitcoin Dice games are arranged on this principle. It found insignificant differences in the design, but the essence remains the same: the amount of the winning depends on the degree of risk.